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PRESS RELEASE

Strategic Airlines Signs Maintenance Services and Engine Management Agreements with Pratt & Whitney

FARNBOROUGH AIR SHOW, Wednesday, July 21, 2010

Strategic Airlines signed exclusive five-year maintenance services and expanded engine management Program agreements with Pratt & Whitney. Through these agreements, Pratt & Whitney Global Service Partners will provide on- and off-wing engine management and maintenance services for the airline's fleet of CFM56-5A and PW4168 engines. Pratt & Whitney is a United Technologies Corp. (NYSE:UX) company.

"We selected Pratt & Whitney because they are a dependable total service provider offering a streamlined management concept for multiple engine types, and they provide a competitive maintenance solution for both our PW4168 and CFM56-5A engine types", said David Blake, CEO, Strategic Airlines. "The addition of Pratt & Whitney's expanded engine management program will help us further reduce costs and improve operational efficiency with the development of pro-active engine maintenance and removal schedules."

"Pratt & Whitney is pleased to offer Strategic Airlines an MRO solution that will help the airline operate more efficiently," said Thomas Hutton, vice president, Pratt & Whitney Global Service Partners. "As an original engine manufacturer with significant global maintenance, repair and overhaul capabilities, we are committed to provide exceptional value and flexibility for Strategic Airlines."

Strategic Airlines, headquartered in Brisbane, is Australia's newest international carrier, currently operating regular passenger transport services between Perth and Bali, as well as services between Perth and Derby in Western Australia, with each service operating three times weekly. In August, Strategic Airlines will also commence regular passenger transport services direct to Port Hedland in Western Australia, from both Brisbane and Melbourne. It forms part of the diverse Strategic Aviation Group, which provides regular airline services, contract and ad hoc charter services, aircraft brokering, as well as logistics and cargo handling from its bases in Europe and Australasia.

Pratt & Whitney Global Service Partners is a total service provider for engines made by Pratt & Whitney, International Aero Engines, General Electric, Rolls-Royce and CFMI. Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.